Canadian Underwriter

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Fort McMurray


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La Plume du Président

August 5, 2016 Fred Plant, president, ACEI

Oui, cela a bien eu lieu. Nous savions qu’il en serait ainsi. Tout le monde le savait. Ce n’était qu’une question de temps. Une catastrophe vraiment terrible. Fort McMurray a été ravagé par les flammes. Au moment de la rédaction

News CatastrophesClimate ChangeEarnings / RatingsMarkets / CoveragesReinsurance

Hannover Re sees dip in net income, lower gross written premiums for 2016 H1 compared to 2015 H1

August 4, 2016 by Canadian Underwriter

Hannover Re saw net income fall 8.6% to 486.1 million euros for the first half of 2016 from 531.9 million euros in the prior-year half, but remains confident the company is on track to achieve its full-year target of at

News CatastrophesInsuranceMergers and Aqcuisitions

Rainfall that caused flooding subsides in Alberta region hit this spring by wildfire

August 2, 2016 by Canadian Underwriter

Crews for the Regional Municipality of Wood Buffalo removed numerous barricades erected after heavy rainfall caused flooding in the region that played unwelcome host to the devastating Fort McMurray wildfire this spring. “Following yesterday’s rainfall, ground support staff from Underground

News CatastrophesEarnings / RatingsInsuranceMergers and AqcuisitionsTechnology

The Co-operators reports net loss of $39.1 million in 2016 Q2 for Co-operators General Insurance Company

July 29, 2016 by Canadian Underwriter

Co-operators General Insurance Company, part of The Co-operators Group, took a hit from the devastating Fort McMurray wildfire, reporting a consolidated net loss of $39.1 million for 2016 Q2 compared to a net income of $58.2 million for 2015 Q2.

News CatastrophesClimate ChangeInsuranceMergers and Aqcuisitions

XL Group’s preliminary loss estimate for nat-Cats in 2016 Q2 US$240 million, Fort Mac wildfires largest loss

July 14, 2016 by Canadian Underwriter

XL Group plc’s preliminary net loss estimate relating to natural catastrophes – including the largest single loss from the Alberta wildfires – is US$240 million for the second quarter of 2016, the company announced Wednesday. This estimate – pretax and

News CatastrophesInsuranceMergers and Aqcuisitions

Nearly $3.6 billion in insured losses from Fort McMurray wildfire: CatIQ

July 7, 2016 by Canadian Underwriter

Insured damage from the recent wildfire affecting Fort McMurray, Alta. is estimated at $3.58 billion, Insurance Bureau of Canada’s vice president western and Pacific, Bill Adams, said Thursday. A third of the $3.58 billion loss is commercial property, 5% is

News CatastrophesInsuranceMergers and Aqcuisitions

Institute for Catastrophic Loss Reduction to share Fort McMurray research in July 12 webinar

July 4, 2016 by Canadian Underwriter

The Institute for Catastrophic Loss Reduction (ICLR) has scheduled a webinar, July 12, on its preliminary findings of the forensic investigation into the wildfire damage in Fort McMurray, Alberta. “As catastrophic as it was, this disaster presents opportunities for learning

Feature CatastrophesInsuranceMarkets / CoveragesMergers and Aqcuisitions

Response to Recovery

July 2, 2016 Bill Adams, Vice President, Western and Pacific, Insurance Bureau of Canada

What has been projected to be Canada’s largest insured loss event, the wildfire in and around Fort McMurray, perhaps will become known for something more positive: how early, co-ordinated and collaborative insurance industry response can help smooth the way to recovery.

News CatastrophesConstructionInsuranceMergers and Aqcuisitions

As Fort McMurray rebuilds, fire chief wants more wildfire resilience

June 28, 2016 Lauren Krugel - THE CANADIAN PRESS

FORT MCMURRAY, Alta. – The man who led the fight against the wildfire that devastated parts of Fort McMurray in May is urging changes to the way homes are rebuilt to avoid similar destruction in the future. Fort McMurray fire

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The Digital Edition of Canadian Underwriter’s June 2016 issue

June 23, 2016 by Canadian Underwriter

Digital Edition below ↓ Cover Story: ‘Technology Assist’ Growing use of technology solutions during natural disasters — as evidenced by happenings in Fort McMurray — looks poised to continue, with different options and more applications becoming a natural part of

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Over 30 Juno Awards to be represented on stage to perform at Benefit Concert #BackFortMac, Monday June 27

June 21, 2016 #BackFortMac

Toronto – Hub International’s Eileen Greene is challenging the insurance industry, companies, vendors, brokers and suppliers to step up to the plate to support the fundraising concert #BackFortMac on Monday June 27, 2016 at Toronto’s Roy Thomson Hall at 7:30 p.m.

Crawford & Company (Canada) Inc.
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Crawford Establishes Office in Fort McMurray

June 10, 2016 Crawford & Company (Canada) Inc.

TORONTO – Crawford & Company (Canada) Inc. is pleased to announce that it has established a new permanent office in Fort McMurray, Alberta, allowing the company to continue to provide high level service to its insurer partners and the policyholders